JPY
JPY, Market Analysis, Technical Analysis
Chart of the Day: USDJPY After Fed and BoJ decisions. Is Japan getting closer to another rate Hhike?
USDJPY came under pressure following the conclusion of the Federal Reserve’s and Bank of Japan’s October meetings. Both central banks decided to leave interest rates unchanged, but differences in their communication point to diverging approaches to the next stages of monetary policy. The message from Tokyo was particularly significant, as policymakers sent a clearer signal […]
by Currency Hedger
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- 16 hours ago
JPY, Market Analysis
Japanese Yen trims gains as Ueda remains vague about the next rate hike
The Japanese Yen (JPY) is giving back previous gains against the US Dollar (USD) on Friday, and Bank of Japan (BoJ) Governor Kazuho Ueda’s comments have failed to support the Japanese currency. The USD/JPY pair has returned to the 157.70 area from session lows at 157.12, turning flat on the daily chart. Ueda affirmed earlier […]
by Currency Hedger
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- 18 hours ago
JPY, Market Analysis, Technical Analysis
Japanese Yen Strengthens Towards 157 as BOJ Signals Potential December Rate Hike
The Japanese yen is strengthening towards 157 per US dollar, extending its gains for a third consecutive session after the Bank of Japan (BOJ) kept its policy interest rate unchanged at 1.25%, in line with market expectations. The currency is receiving support from growing expectations of a potential December rate increase, following the central bank’s […]
by Currency Hedger
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- 22 hours ago
JPY, Market Analysis, Technical Analysis
Japanese Yen flattens against US Dollar, BoJ policy takes centre stage
The Japanese Yen (JPY) trades almost flat against the US Dollar (USD) at around 157.80 during the European trade on Thursday. The USD/JPY pair consolidates as investors shift their focus to the Bank of Japan’s (BoJ) monetary policy announcement on Friday. BoJ meeting seen as a placeholder as markets focus on December Yen implications Analysts […]
by Currency Hedger
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- 2 days ago
JPY, KRW, Market Analysis, Technical Analysis
FX Market Update: South Korean Won Leads Currency Gains as Euro Weakens
The South Korean won leads the latest currency performance snapshot, rising 0.48% as the US dollar index edges higher and the euro comes under modest pressure. The dollar index gains 0.07%, while the British pound and Japanese yen remain little changed. The mixed performance highlights divergent movements across major currencies, with the won recording the […]
by Currency Hedger
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- 2 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Trades around 176.00 near nine-day EMA
EUR/JPY inches lower after registering modest gains in the previous day, trading around 175.90 during Asian hours on Thursday. Based on the technical analysis of the daily chart’s descending channel pattern, the currency cross maintains a clear bearish bias. The EUR/JPY cross is maintaining a bearish near-term bias as it holds below both the nine- […]
by Currency Hedger
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- 2 days ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Softens below 111.50, retaining bearish bias under the 100-day SMA
The AUD/JPY cross trades in negative territory around 111.25 during the early European session on Thursday. Markets could turn cautious later in the day ahead of Tokyo’s Consumer Price Index (CPI) inflation report and the Bank of Japan (BoJ) interest rate decision on Friday. The BoJ is expected to leave interest rates unchanged at 1.25% […]
by Currency Hedger
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- 2 days ago
EUR, GBP, INR, JPY, Market Analysis, NZD, Technical Analysis
New Zealand Dollar Leads Currency Losses as Won and Rupee Weaken Against a Firmer US Dollar
Foreign-exchange markets are showing a mixed performance, with the New Zealand dollar recording the steepest decline among the currencies listed, falling 1.36%. The South Korean won followed with a loss of 0.86%, while the Indian rupee and British pound also traded lower. The Japanese yen and US Dollar Index posted modest gains, while the euro […]
by Currency Hedger
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- 3 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Declines to near 175.50, bearish signals reinforce downside bias
The EUR/JPY cross trades in negative territory around 175.65 during the early European trading hours on Wednesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid fears of currency intervention from Japanese authorities. Japanese Finance Minister Satsuki Katayama said on Tuesday that the government stood ready to take decisive action in the currency market. […]
by Currency Hedger
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- 3 days ago
JPY, Market Analysis, Technical Analysis
Japanese Yen Forecast: USD/JPY Approaches 158 as AI Optimism Weakens Safe-Haven Demand
The Japanese yen is under renewed pressure, with USD/JPY approaching the 158 level as improving sentiment across the artificial intelligence sector reduces demand for traditional safe-haven currencies. Strong earnings from South Korean chipmaker SK Hynix have reinforced optimism surrounding AI-related investment and technology-sector profitability, encouraging a shift in investor positioning. The yen is also facing […]
by Currency Hedger
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- 3 days ago